Pace Global

NG Storage Market Study

Clien Need
Client Need:
A natural gas storage developer was seeking an Independent Market Report (IMR) in support of an equity investment in a Mississippi gas storage facility.


Our Role
Our Role:
Pace Global developed a finance-quality IMR inclusive of a full regional and national gas market evaluation and commercial analysis.  The IMR considered the full market context of the asset, inclusive of interstate pipeline, power generation, and industrial and export market access and demand. The storage valuation was informed by the asset’s physical features, operating capacity, and Pace Global’s evaluation of seasonal storage and trading values tied to market and basis volatility.  In addition, Pace Global developed a rigorous evaluation of the asset’s hub services value, notably park and loan, wheeling, and other trading support functions.


Results
Results:
Pace Global’s valuation and IMR was relied upon in supporting an investment decision which was implemented in the form of an asset management arrangement.

Pace Global